Harun Raaj & AssociatesHarun Raaj & Associates

Business & Transaction Advisory

Business Advisory — Structure & Strategy

Articles on business structuring, valuation, CFO advisory, succession planning, and strategic decisions for Indian businesses.

4 articles — updated weekly

Featured

RBI TReDS Directions 2026: MSME Invoice Discounting Reforms Explained

The RBI's new TReDS Directions 2026, notified June 24, 2026, remove MSME seller due diligence requirements, introduce NCGTC credit guarantees for financiers, and mandate CERSAI registration of invoice assignments. This article explains the five major reforms and their impact on MSME working capital.

Read article →15 Aug 2026

ECLGS 5.0: 100% Guaranteed Working Capital for MSMEs Until March 2027

15 Aug 2026

ECLGS 5.0, approved 6 May 2026, offers ₹2.55 lakh crore in 100% government-guaranteed working capital loans to qualifying MSMEs with existing bank or NBFC accounts. Borrowers can access up to 20% of peak Q4 FY26 utilisation (max ₹100 crore) with a 2-year principal moratorium. Applications close 31 March 2027.

Read →

Virtual CFO vs Full-Time CFO for Indian SMEs — Cost, Value & When to Hire Which

26 May 2026

A full-time CFO in India costs ₹60–180 lakh per year once PF, bonus, and fixed overheads are included. A Virtual CFO costs ₹15,000–55,000 per month. But the decision is not just about cost — it is about the stage of your business, the complexity of your compliance, and how much CFO-level judgment you actually need. This guide breaks it down.

Read →

Business Valuation in India — EV/Revenue & EV/EBITDA Multiples by Sector for FY 2025-26

24 May 2026

What is your business worth? In India, valuation is not just a curiosity — it is a legal requirement for FDI, ESOP grants, buybacks, and M&A deals. This guide covers the three primary valuation methods, sector-specific EV/EBITDA multiples, Rule 11UA for angel tax, and how IBBI Registered Valuers differ from a CA valuation opinion.

Read →

More topics

AIF & Fund Management Services6 articlesAudit & Assurance10 articlesBusiness Finance & Credit6 articlesCapital Markets & Investment Banking14 articlesCompany Law & MCA Compliance10 articlesBusiness Compliance & Labour Law53 articlesCost Audit & CMA Services5 articlesCustoms Duty & Trade Policy7 articles